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1 – 8 of 8Marx is widely regarded today as an “evolutionary”economist. However, what is clear from a close examination of thewritings of both Marx and Engels is that they did not actually…
Abstract
Marx is widely regarded today as an “evolutionary” economist. However, what is clear from a close examination of the writings of both Marx and Engels is that they did not actually take Darwin′s theory of natural selection on board. Consequently, if their theory of socio‐economic change is evolutionary, it is not so in a Darwinian sense. Considers the different sense in which the economics of Marx can be regarded as “evolutionary” and the distance between Darwinian and Marxian conceptions of natural or social change.
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Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely…
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Nobody concerned with political economy can neglect the history of economic doctrines. Structural changes in the economy and society influence economic thinking and, conversely, innovative thought structures and attitudes have almost always forced economic institutions and modes of behaviour to adjust. We learn from the history of economic doctrines how a particular theory emerged and whether, and in which environment, it could take root. We can see how a school evolves out of a common methodological perception and similar techniques of analysis, and how it has to establish itself. The interaction between unresolved problems on the one hand, and the search for better solutions or explanations on the other, leads to a change in paradigma and to the formation of new lines of reasoning. As long as the real world is subject to progress and change scientific search for explanation must out of necessity continue.
Extensions/applications/revisions of the Marxian vision ofsocialism can broadly be categorized into two polar strands: thecentralized and the decentralized strands of socialist…
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Extensions/applications/revisions of the Marxian vision of socialism can broadly be categorized into two polar strands: the centralized and the decentralized strands of socialist economic systems. Explores the main postulates of a decentralized version of a socialist economic system as provided by Kautsky, Luxembourg, Bernstein, Bukharin and Lange. The centralized strand of socialist economic systems has been elaborated drawing mainly from the writings of Lenin, Trotsky, Dobb, Sweezy and Baran.
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John E. Elliott and Abu F. Dowlah
This article investigates the intellectual roots of perestroika. Mikhail Sergeyevich Gorbachev, the architect of perestroika claims that his programmes and policies are aimed at…
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This article investigates the intellectual roots of perestroika. Mikhail Sergeyevich Gorbachev, the architect of perestroika claims that his programmes and policies are aimed at a revolutionary transformation of the Soviet economy from an overly centralised command system of management to a democratic system based mainly on economic methods and on an optimal combination of centralism and self‐management. To facilitate the restructuring process, Gorbachev simultaneously initiated two sweeping political reforms: glasnost (no “radical change is possible without it”); and demokratizatsiya (”there is no present‐day socialism, nor can there be, without democracy”). Therefore, prominent features envisaged by perestroika would presumably include: an optimal combination between centralism and self‐management, that would imply decentralisation in the economic management of the country; replacement of administrative methods by economic methods, that would emphasise economic incentives and market processes more than machineries of central planning; democratisation and openness in Soviet society, aimed at guaranteeing greater democratic rights for citizens, and pluralism in governmental and political processes.
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It is demonstrated that the Austrian school in economics had verydifferent ideas about the creation and change of social institutions andespecially about the relation of state and…
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It is demonstrated that the Austrian school in economics had very different ideas about the creation and change of social institutions and especially about the relation of state and market, which is still one of the fundamental problems of economic theory. Menger′s fundamental distinction of pragmatic and organic institutions and Wieser′s contrary model are discussed, followed by the “impossibility theorem” of Mises and the contrary position of Schumpeter. Hayek′s liberation model of society is presented and criticised, and finally Menger′s position is interpreted as one of moderate liberal interventionism.
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Describes how the opinions about Wilhelm Roscher and his workdeveloped during the century following his death in the USA. Possiblereasons for the changes are explored. Special…
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Describes how the opinions about Wilhelm Roscher and his work developed during the century following his death in the USA. Possible reasons for the changes are explored. Special attention is given to the more favourable reception of Roscher in the USA as opposed to the UK. A central point is that his influence and importance in the USA changed as time passed and with the development of professional economics. Suggests new reading of Cunningham′s essay. Attention is drawn to some of Roscher′s works in English that have been neglected. Some problems of periodization in the history of economic thought are investigated. Several conventional judgements are challenged and possibilities for further research suggested.
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Men make war; women make peace. Men make war; women make children. Men make war because women make children. Because men make war, women make children. Women make peace because…